Okla. Stat. tit. 74, § 74-5063.16
This is the official text of Okla. Stat. tit. 74, § 74-5063.16, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Bonds as general obilgation of state
Official statutory text
All bonds issued pursuant to the Credit Enhancement Reserve Fund
Act shall be direct general obligations of the State of Oklahoma,
for the payment for the debt service on which the full faith and
credit of the State of Oklahoma are hereby irrevocably pledged so
long as any such bonds are outstanding. The bonds shall be payable
from the General Revenue Fund of this state, and such amount of
general revenue funds as is necessary is hereby pledged to the
payment of debt service on the bonds, and shall be and remain
pledged for such purposes.
Act shall be direct general obligations of the State of Oklahoma,
for the payment for the debt service on which the full faith and
credit of the State of Oklahoma are hereby irrevocably pledged so
long as any such bonds are outstanding. The bonds shall be payable
from the General Revenue Fund of this state, and such amount of
general revenue funds as is necessary is hereby pledged to the
payment of debt service on the bonds, and shall be and remain
pledged for such purposes.
Status: in_force · Read it on the official government site
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